Yemen, Rep.

Ease of Doing Business in

Yemen, Rep.

This page shows summary Doing Business 2012 data for the Republic of Yemen. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Middle East & North Africa
Income Category Lower middle income
Population 24,255,928
GNI Per Capita (US$) 1,060.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
99 94 down -5
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 66 55 up -11
Dealing with Construction Permits 35 36 up 1
Getting Electricity 52 55 up 3
Registering Property 55 53 up -2
Getting Credit 159 139 up -20
Protecting Investors 133 131 up -2
Paying Taxes 116 147 up 31
Trading Across Borders 118 119 up 1
Enforcing Contracts 38 36 up -2
Resolving Insolvency 114 95 up -19

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 66 DB 2011 Rank 55 Change in Rank down-11
Indicator Yemen, Rep. Middle East & North Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
12 20 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
83.8 35.0 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 86.7 14.1
No. Procedure Time to Complete Associated Costs
1 Pick up the specimen application from the Commercial Register 1 day nominal
2 Name reservation, license application, AOA signiture, publication and registration at the Ministry of Trade & Industry 3-7 days Registration trade name YER 14220 Company incorporation fees YER 15000 Publication of company in official gazette YER 30000 Publication of company in trade magazine YER 16000 Publication of trade registration YER 20000 Trade Registration card YER 1020
3 Register as taxpayer with the General Taxes Department for the payment of income tax, obtain taxation card, and register the employees and register for other taxes 1-2 days no charge
4 Apply for Chamber of Commerce membership 1-2 days YER 18900
5 Apply to the municipality to obtain license 2-3 days YER 80000
6 Register employees for the social security 2 days no charge

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